By Susanna Moon
Chicago, March 14 – Ellomay Capital Ltd. accepted orders for NIS 123,232,000 of its 3.44% series B debentures in the institutional tender and the public tender held Monday, according to a 6-K filing with the Securities and Exchange Commission.
As announced March 7, Ellomay had accepted commitments for NIS 98 million of the 3.44% series B debentures in an institutional and classified investors bidding.
The company accepted the commitments at par and had received early commitments for about NIS 338.3 million.
The institutional and classified investors will receive a 0.5% discount for their early commitment, the company previously noted.
Proceeds will be used for new investments, acquisitions or collaborations, including under the agreement with Ludan Energy Overseas BV, and for other general corporate purposes.
Ellomay is a Tel Aviv company that focuses its business in the energy and infrastructure sectors worldwide.
| Issuer: | Ellomay Capital Ltd.
|
| Issue: | Series B debentures
|
| Amount: | NIS 123,232,000
|
| Maturity: | June 2024
|
| Coupon: | 3.44%
|
| Price: | Par
|
| Announcement date: | Feb. 28
|
| Tender date: | March 13
|
| Rating: | Maalot Ltd.: ilA-
|
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